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Listing Brokerage: RE/MAX TWIN CITY REALTY INC.Last Updated: Mar 3, 2026 at 2:30 PM ESTData provided by the Toronto Regional Real Estate Board (TRREB) via PropTx / AMPRE.
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261 Water Street, Guelph, ON N1G 1B6, Guelph, ON, N1G 1B6

MLS: X12840678 | Detached

$699,000

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Property Description

Spacious 5-bedroom 2 bathroom, 1,475 sq. ft. backsplit style home offering a fantastic opportunity for investors, renovators, or buyers looking to add value. Situated in a desirable, well-located neighborhood close to amenities, transit, schools, and shopping, this property combines strong potential with long-term upside. The home features a generous layout with multiple bedrooms, ample living space, and a functional floor plan that lends itself well to customization, rental conversion, or a full renovation project. While the property does require updates and some TLC, it provides a solid foundation for those looking to build equity or maximize returns. Corner lot with lots of yard space located near the Speed River and downtown Guelph, also within a few kilometers of the Stone Road mall. Whether you're an investor seeking your next project, a contractor looking for a value-add opportunity, or a buyer with vision, this property presents excellent potential in a prime location.

Directions: Edinburgh Rd S/Water St

Quick Facts

  • Property Type: Detached
  • Style: Backsplit 3
  • Bedrooms: 5 (5 above)
  • Bathrooms: 2
  • Parking: 3.0 spaces (Private)

Costs

  • Annual Taxes: $4,431.00 (2025)

Listing Provided by: RE/MAX TWIN CITY REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Cooling: Central Air
  • Basement: Finished

Exterior & Construction

  • Style: Backsplit 3
  • Roof: Asphalt Shingle
  • Construction: Brick, Shingle
  • Foundation: Concrete
  • Sewer: Sewer

Lot & Land

  • Pool: None

Community & Neighbourhood

  • Neighbourhood: Dovercliffe Park/Old University

Listing Information

MLS® NumberX12840678
BoardToronto Regional Real Estate Board
Originating SystemToronto Regional Real Estate Board
BrokerageRE/MAX TWIN CITY REALTY INC.
Date ListedMarch 3, 2026
Last UpdatedMarch 3, 2026

Listing History

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Location & Neighborhood

📍261 Water Street, Guelph, ON N1G 1B6, Guelph, ON, N1G 1B6

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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
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261 Water Street, Guelph, ON N1G 1B6, Guelph, ON, N1G 1B6

ASAP
 
TUE
5
May
WED
6
May
THU
7
May
FRI
8
May
SAT
9
May
SUN
10
May
MON
11
May
MorningAfternoonEvening
Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question